1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Liono4ka [1.6K]
3 years ago
8

Chad, who owns the only coffee shop in Rivercity, learns that Jose is about to open a competing coffee shop in the same small to

wn, just a few blocks from Chad's. Chad offers Jose $10,000 in return for Jose's promise not to open a coffee shop in the Rivercity area for six months. Jose accepts the $10,000 but goes ahead with his plans, even though he had agreed not to do so. When Jose opens his coffee shop for business, Chad sues to enjoin Jose's continued operation or to recover the $10,000
Required:
Can Chad sues Jose?
Business
1 answer:
Leya [2.2K]3 years ago
6 0

Answer:

Rivercity Coffee Shop

Chad cannot sue Jose.  The $10,000 is paid to Jose is a bribe.  Since a bribe is not legal, it cannot form the basis for an enforceable contract.

Moreover, the offer by Chad is an antitrust and anti-competition consideration that is legally frowned upon. illegal contract

Explanation:

For a contract to be enforceable, it cannot be illegal.  A bribe is illegal.  The basis for the contract is illegal.  Therefore, Chad cannot sue Jose.  Since Jose decided to breach the contract, neither Chad nor Jose is entitled to any compensation.  Jose cannot be held liable for non-performance.

You might be interested in
The brain and spina cord are covered by
Rina8888 [55]
The brain and the spinal cord are covered by the central nervous system.
3 0
3 years ago
When Men's Wearhouse fired a salesperson who wasn't sharing walk-in customer traffic, and total clothing sales volume among all
Reika [66]

When Men's Wearhouse fired a salesperson who wasn't sharing walk-in customer traffic, and total clothing sales volume among all salespeople increased significantly, the company reduced destructive internal competition.

<h3>What is a destructive competition?</h3>
  • Multiple producers being driven out of the market by competition.
  • When there are numerous manufacturers of a good, prices are frequently driven down to the point that nobody makes a profit, which is when destructive competition takes place.

<h3>What do you mean by internal competition?</h3>
  • The aforementioned components are the foundation of our concept of internal competition, which is senior management-sanctioned duplication or overlap of activity within the firm's boundaries in an effort to resolve market or technology uncertainties.

<h3>Is competition is constructive or destructive?</h3>
  • However, competition can really be divided into two types: healthy competition and unhealthy competition.
  • Two competitors may work better together or may just cause mutual stress, similar to waves crashing into one another to create a larger wave.

Learn more about destructive internal competition here:

brainly.com/question/27911918

#SPJ4

3 0
2 years ago
During the current year, Vann County's motor pool internal service fund sold two vehicles for $5,000. The vehicles had a cost of
kow [346]

Answer:

$1,000 gain

Explanation:

The cost basis for the vehicles was $6,000 and the carrying cost was $4,000 = $2,000 depreciation

If they sold the vehicles for $5,000, then they had a $1,000 gain (= $5,000 - $4,000). The journal entries should be as following:

Dr Cash account 5,000

Dr Accumulated Depreciation account 2,000

Cr Motor Vehicles account 6,000

Cr Gain on Motor Vehicles 1,000

8 0
3 years ago
Products that a seller sells in other countries are called
IrinaK [193]

Answer:

im pretty sure it is A thx

8 0
3 years ago
Read 2 more answers
If there's a huge increase in the number of Americans traveling to Europe (say, for the Olympics), then the effect on the foreig
ICE Princess25 [194]

Answer:

Option (C) is correct.

Explanation:

If there is a huge increase in the number of Americans travelling to Europe then as a result the demand for the euros increases in the foreign exchange market.

Americans won't be able to spend dollar for doing any transaction in Europe, so there is a need to exchange dollar for euros. Hence, this will increase the demand for euros and there is a appreciation of Europe currency. Therefore, the value of euro also increases.

8 0
3 years ago
Other questions:
  • The maximum price thar can be legally charged for a good or service is called what
    14·1 answer
  • Traves Corporation incurred $69,000 of actual Manufacturing Overhead costs during October. During the same period, the Manufactu
    11·1 answer
  • You are considering a project which will provide annual cash inflows of $4,500, $5,700, and $8,000 at the end of each year for t
    6·1 answer
  • Would it be more profitable to own 200 shares of pennys pickles or 1 share from exxon?
    8·2 answers
  • Consider the following three decisions that an organization could be faced with:
    12·1 answer
  • What is the main difference between private and government consumer advocacy employers?
    6·2 answers
  • The cost of direct materials transferred into the Filling Department of Lilac Skin Care Company is $20,250. The conversion cost
    5·1 answer
  • Chris and Marcie must claim the EIP3 of $2,800 as taxable income on their 2021 tax return. a. True b. False
    7·2 answers
  • According to Porter's model of business activities, interactions across value activities are called ________.
    15·1 answer
  • An employee receives a phone call from someone saying they are from the bank. The person claims the purpose of the call is to ve
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!